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About FBN Holdings

FBN Holdings provides commercial banking activities. The Company offers merchant, investment banking, trusteeship, fund management, registrars, and advisory services through its subsidiaries.

FBN Holdings Headquarter Location

Samuel Asabia House 35, Marina

Lagos, 5216,


+234 9052000

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Latest FBN Holdings News

[Nigeria Business Week] Andrea Ayemoba: Clean energy gets funding amid inflation and trade deficits

May 19, 2022

19-05-2022 12:14:00 | by: Andrea Ayemoba | hits: 246 | Tags: Oil and Gas has been a pillar supporting the Nigerian economy for a very long time. Rich in this natural resource, Nigeria may be guilty of neglecting other promising sectors, like Agriculture and even Insurance. With lands as fertile as can be, the food inflation in country today could be avoidable – food prices are said to have risen to over 18% in the month of April alone. As a direct result of this hike in food prices, the World Bank predicts a substantial surge in diasporan remittances this year. There is a parallel increase in energy cost as well, this only serving to further weaken the economic structure. But Nigeria is large, and therein lies its sustainability. Where one sector fails, another carries the weight. Despite the odds, companies are recording high revenues and margins. Dangote Cement for example came in with billions in profits in the first quarter. In the same quarter (Q1), Nigeria’s trade deficit saw a worrying increase , according to the Central Bank. A working theory for the cause of this is the country’s inability so far to minimize imports and diversify its export portfolio , relying more on local production. The Eurobond did show a favorable yield as of end of last month, April. Returning to Oil and Gas, a major player in the industry has confirmed the sale of its stake in the SPDC and NNPC joint venture, and the Lagos Free Zone has inked a 10bn naira gas deal with partners for natural gas production and distribution within the Free Zone. Clean energy also made headlines this week, with a tech plastic waste recycling firm raising millions of dollars in seed funding. In Banking, FBN Holdings and Access Bank finalized an acquisition deal this week and the Central Bank issued guidelines for open banking in its quest to enhance competition and innovation in the system. [Column] Cathy Smith: Don’t believe the negative hype: tech is a force for good Is a dysfunctional relationship with technology keeping us from harnessing tech for the greater good? ... read full column here [Column] Kelly-Ann Mealia: Investment in Africa’s Hydrocarbon projects needed to fund the continent’s energy transition Bringing reliable and affordable electricity to the over 600 million Africans who lack access to modern energy will require massive investment and holds the potential to drive positive socioeconomic development  ... read full column here   [Interview] Claudia Castellanos, CEO, Black Mamba, Eswatini Claudia Castellanos will be speaking at the Future Foods Conference on how to build a successful brand based on environmental and social values  …  read full interview here [Interview] Janusz Luterek, Partner, Hahn & Hahn Attorneys, South Africa Janusz Luterek, a partner at South Africa-based law firm Hahn & Hahn Attorneys will be speaking at the Future Foods Conference on the legal impediments to launching novel foodstuffs in South Africa …  read full interview here [Interview] Jerome OWONO, Marketing and Communication, ALM CREATIVE STUDIOS, Cameroon Jerome OWONO MINBOE is the Marketing and Communication Manager at ALM CREATIVE STUDIOS, a young professional services company in Cameroon …  read full interview here

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  • Where is FBN Holdings's headquarters?

    FBN Holdings's headquarters is located at Samuel Asabia House, Lagos.

  • What is FBN Holdings's latest funding round?

    FBN Holdings's latest funding round is PIPE.

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